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Category: Outlets – Tech Crunch

Match Beta Test Targets Dating App Complaints

Posted on August 10, 2021

Match.com Matched by UsTECH CRUNCH – Aug 10 – Today Match introduces features addressing user complaints like how much time it takes to find a relevant match and ghosting. An anti-ghosting feature will push users to either continue a conversation or unmatch the recipient instead of leaving them hanging.

"Matched by Us," is a new recommendation system that presents one, free match a week. Users see each other and don't wait for a "like" back to engage in a conversation. Match has been internally testing adding human curation to suggestions, an actual match-making service. "Right now, human curation is one area that we're really excited about and want to crack," CPO Dushyant Saraph said. The new features are rolling out to Match's U.S. userbase in beta, as the company kicks off a new brand campaign targeting adult daters.

Match Group have 15m paying customers across its brands, up from 13m YOY. Quarterly revenue was $708m, with net income of $141m. Match Group plans to add audio and video chat, including live video, to its dating brand portfolio. Match's dating app is among those that will benefit from Hyperconnect integrations as Match explores "building out live experiences."

by Sarah Perez
See full article at Tech Crunch

Mark Brooks: Putting the people back into personals. The future of dating apps is 'live'. Match experimented with matchmakers under CEO Jim Safka, bought a 20% stake in Chinese hybrid matchmaking service Zhenai in 2011, and flirted with Three Day Rule in 2014. eHarmony also experimented with a brand extension into live high-end matchmaking in 2013.

See the top news on Match Group
See the top news on Match.com

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Match Group to Add Audio and Video Chat, Including Group Live Video

Posted on August 5, 2021

Match Group selected brandsTECH CRUNCH – Aug 5 – Match Group will bring audio and video chat, including group live video, and other livestreaming technologies to several of the company's brands over the next 12 to 24 months. The developments will be powered by Hyperconnect, the social networking company that this year became Match's biggest acquisition to date when it bought the Korean app maker for $1.73B. By year-end, Match Group said it expects to have at least two of its brands integrated with technologies from Hyperconnect. A number of other brands will implement Hyperconnect capabilities by year-end 2022. Match Group said it expects Hyperconnect to contribute to $125 to $135M in revenue.

by Sarah Perez
See full article at Tech Crunch

See the top news on Match Group

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SwoonMe Dating App Uses Avatars and Audio

Posted on July 8, 2021

Swoonme logoTECH CRUNCH – July 8 – SwoonMe aims to fix the problem with superficial dating apps, where users primarily make decisions based on how someone looks. Instead of swiping through profiles, SwoonMe's idea is to use a combination of avatars and audio to encourage users to connect based on someone's personality. To use the app, users take a selfie which SwoonMe converts into an avatar. They then record a voice clip to tell others about themselves and what they're looking for in a partner. The idea for SwoonMe comes from Tanvi Gupta, a former Facebook product specialist who was involved with a number of high-profile products, including those that shipped in Messenger and in Instagram Direct, such as Messenger reactions, a Messenger redesign, chat heads on Android, and more. Currently, SwoonMe is targeting the dating markets of San Francisco and L.A., but is open to anyone who wants to try it. The startup is a small team and currently working to raise $1M in seed funding.

by Sarah Perez
See full article at Tech Crunch

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Consumer Spending on Apps Hit Record $64.9B in First Half of 2021

Posted on July 1, 2021

Sensortower logoTECH CRUNCH – July 1 – Consumer spending in mobile apps hit a record $64.9B during the H1 of 2021, according to Sensor Tower. This figure represents a 24.8% YOY increase in spending seen across both the App Store and Google Play. Apple's App Store accounted for $41.5B in global consumer spending during the H1 of 2021, or 1.8x the $23.4B seen by Google Play. TikTok remained a top grossing app, followed by YouTube and Tinder.

by Sarah Perez
See full article at Tech Crunch

This post also appears on VerySocialNetwork

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Dating App Thursday Raises $3.5M

Posted on June 28, 2021

Thursday logoTECH CRUNCH – June 28 – Thursday, a dating app that only works on Thursdays, has raised a £2.5M (~$3.5M) seed investment, a few months after launching in May in London and New York. Last Thursday (June 17) it says that 110K likes were sent, resulting in 7,500 matches in a single day. The app opens for usage at 00.01 each Thursday morning so swiping is compressed into a few hours. All matches and conversations vanish at midnight. Hence users are pushed to act quickly. Matches are also limited to x10 people a day. The plan for the seed funding includes hiring a head of growth and a head of marketing, in addition to other senior roles and a number of tech hires – and coming up with what they dub as a "six figure marketing strategy".

by Natasha Lomas
See full article at Tech Crunch

See the top news on Thursday

This post also appears on InternetDatingInvestments.com

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Facebook’s Use of Ad Data Triggers Antitrust Probes in UK and EU

Posted on June 8, 2021

Facebook dating logo 2020TECH CRUNCH – June 7 – The U.K.'s Competition and Markets Authority (CMA) and the EU's Competition Commission both announced formal investigations into Facebook's operations. The competition regulators will scrutinize how Facebook uses data from advertising customers and users of its single sign-on tool – specifically looking at whether it uses this data as an unfair lever against competitors in markets such as classified ads. In a statement on its action, CMA CEO Andrea Coscelli said: "We intend to thoroughly investigate Facebook's use of data to assess whether its business practices are giving it an unfair advantage in the online dating and classified ad sectors. Any such advantage can make it harder for competing firms to succeed, including new and smaller businesses, and may reduce customer choice."

by Natasha Lomas
See full article at Tech Crunch

See the top news on Facebook Dating

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Tinder Finally Adds a Block Contacts Feature

Posted on June 7, 2021

Tinder block contactsTECH CRUNCH – June 7 – Tinder users can upload their phone contacts to select certain people that they'd rather not see on the app, whether that's an ex, a co-worker or a family member. According to a survey commissioned by Tinder, 40% of people have found an ex-partner on the app, 24% have encountered a family member and one in 10 have even encountered their professor. Tinder tested the Block Contacts feature in India, Korea and Japan, reporting that members who used the feature blocked about a dozen people on average.

by Amanda Silberling
See full article at Tech Crunch

See the top news on Tinder

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Tinder Tested Group Video Chat

Posted on June 3, 2021

Tinder mixerTECH CRUNCH – June 2 – "Tinder Mixer" allows users to join group video chats and play games with others nearby. The feature was tested for a short period of time last year in New Zealand, but will not be launching.

by Sarah Perez
See full article at Tech Crunch

See the top news on Tinder

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Meet Schmooze, a Meme-Based Dating App

Posted on May 27, 2021

Schmooze logo 2021TECH CRUNCH – May 26 – Schmooze combines machine learning and memes to connect people based on humor algorithm. A beta test in late summer with 200 Stanford students has since led to 10K downloads around the country. Currently ~200 memes are added each day, while others are deleted. 90K matches have been made to date. It recently closed on $270K in seed funding from Ulu Ventures and others to tinker with its product.

by Connie Loizos
See full article at Tech Crunch

This post also appears on InternetDatingInvestments.com

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Snack, a ‘Tinder Meets TikTok’ Dating App, Opens to Gen Z Investors

Posted on May 10, 2021

Snack logoTECH CRUNCH – May 10 – Snack, a video-first mobile dating app designed with a younger generation in mind, has launched its own Gen Z Syndicate on AngelList, which will allow Gen Z community members, influencers, creators and others to participate in the company's upcoming $2M SAFE, alongside other funds and angel investors. The company in February announced $3.5M in seed funding. Users on Snack post videos to a feed which others then like in order to be matched.

by Sarah Perez
See full article at Tech Crunch

See the top news on Snack

This post also appears on InternetDatingInvestments.com

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